YB, I know this might be foreign idea to some but these are live discussions in some RNTBC’s for these reasons.
What better way to create greater alignment between the RNTBC and the mining company interests. Coupled with a Board position, the RNTBC actually has a meaningful say and shareholder rights at the table. Some RNTBC’s are looking at more secure ways to invest royalties already received on their country for their own people rather than giving to a US based investment house for example. For the Mining company, it may mean more favourable royalty agreements For the RNTBC, it could still mean a smaller royalty payments but a higher upside on dividends and capital growth in shares yet still negotiate employment and small business outcomes. Think How much lubrication that would that put on government approval processes having this sort of arrangement where its know the alignment is this tight.
Grant would be wise to at least consider it. Costs less up front for TVN in negotiations and royalties, gets the CLC in the room with us….
TVN Price at posting:
7.8¢ Sentiment: Hold Disclosure: Held
